86,168 Shares in Arrow Electronics, Inc. $ARW Bought by Legal & General Group Plc

Legal & General Group Plc bought a new stake in Arrow Electronics, Inc. (NYSE:ARW) in the 2nd quarter, Holdings Channel.com reports. The firm bought 86,168 shares of the technology company’s stock, valued at approximately $18,389,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Keating Financial Advisory Services Inc. acquired a new stake in Arrow Electronics during the 2nd quarter worth approximately $28,000. Fiduciary Financial Advisors acquired a new position in Arrow Electronics in the 2nd quarter valued at $33,000. Jones Financial Companies Lllp purchased a new position in Arrow Electronics during the 2nd quarter worth $37,000. Bayban acquired a new stake in shares of Arrow Electronics in the 1st quarter worth $26,000. Finally, BOK Financial Private Wealth Inc. acquired a new position in shares of Arrow Electronics during the second quarter worth about $47,000. Hedge funds and other institutional investors own 99.34% of the company’s stock.

Wall Street Analyst Weigh In

ARW has been the subject of several recent analyst reports. Truist Financial reduced their price target on Arrow Electronics from $260.00 to $250.00 and set a “buy” rating for the company in a report on Friday, August 7th. Wall Street Zen raised Arrow Electronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 25th. Zacks Research cut shares of Arrow Electronics from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 3rd. Bank of America upgraded shares of Arrow Electronics from an “underperform” rating to a “neutral” rating and raised their price objective for the company from $122.00 to $233.00 in a research note on Wednesday, May 13th. Finally, Raymond James Financial reissued an “outperform” rating and set a $250.00 price objective on shares of Arrow Electronics in a report on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $233.25.

Trending Headlines about Arrow Electronics

Here are the key news stories impacting Arrow Electronics this week:

• Positive Sentiment: Analysts tracked by American Banking News assign Arrow Electronics an average price target of $233.25, implying meaningful upside from recent trading levels. Arrow Electronics Receives $233.25 Average Price Target from Analysts
• Positive Sentiment: Zacks Research raised its Arrow Electronics EPS forecasts across multiple periods, including FY2026 to $20.41 from $17.19, FY2027 to $20.08 from $16.22, and FY2028 to $19.28 from $15.33. The firm also lifted estimates for several quarterly periods, including Q3 2026 to $5.01 from $3.25 and Q3 2027 to $5.05 from $3.21.
• Neutral Sentiment: Zacks Research maintained a Hold rating, suggesting that the higher earnings forecasts have not yet prompted the analyst to view ARW as an outright buy. The current-year consensus EPS estimate is approximately $20.44, broadly in line with Zacks’ revised FY2026 forecast.
• Negative Sentiment: The stock’s decline may reflect valuation and momentum concerns following a strong run toward its 12-month high of $237.33. Investors may also be weighing the fact that Zacks’ longer-term FY2028 estimate of $19.28 is below its FY2027 forecast, despite the upward revisions.

Arrow Electronics Stock Down 0.1%

ARW opened at $203.70 on Monday. The company has a quick ratio of 1.01, a current ratio of 1.22 and a debt-to-equity ratio of 0.29. The firm has a market cap of $10.37 billion, a P/E ratio of 13.02, a PEG ratio of 0.30 and a beta of 1.20. Arrow Electronics, Inc. has a 52 week low of $101.79 and a 52 week high of $237.33. The business’s fifty day simple moving average is $210.78 and its 200 day simple moving average is $189.24.

Arrow Electronics (NYSE:ARW) last announced its earnings results on Thursday, August 6th. The technology company reported $5.45 earnings per share for the quarter, beating the consensus estimate of $4.45 by $1.00. Arrow Electronics had a net margin of 2.26% and a return on equity of 13.41%. The firm had revenue of $9.99 billion during the quarter, compared to the consensus estimate of $9.67 billion. During the same quarter in the previous year, the company posted $2.43 EPS. The firm’s revenue for the quarter was up 31.8% on a year-over-year basis. Arrow Electronics has set its Q3 2026 guidance at 4.830-5.030 EPS. As a group, equities research analysts anticipate that Arrow Electronics, Inc. will post 21.24 EPS for the current fiscal year.

Arrow Electronics declared that its Board of Directors has authorized a share repurchase program on Wednesday, May 13th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the technology company to buy up to 9.7% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its stock is undervalued.

Arrow Electronics Profile

Arrow Electronics (NYSE: ARW) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The company offers a broad portfolio of semiconductors, passives, connectors, electromechanical devices and embedded solutions, serving customers across diverse end markets including automotive, communications, computing, aerospace, defense and healthcare. Through its extensive supplier relationships, Arrow enables design engineers to identify and procure components required for the development of new electronic systems and devices.

In addition to component distribution, Arrow delivers value-added services such as design engineering support, supply chain management, global logistics and technical training.